Houthi

Pink Sea disaster: Shippers face surcharge for reroutes through Cape of Good Hope

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The Pink Sea disaster precipitated by the assaults by Yemen’s Houthi rebels on container vessels has began taking a toll on transport commerce, with main traces saying a surcharge on ocean freights. Official sources within the transport trade in Kochi advised businessline that the surcharge varies from $1,500 for 20 ft containers and $3,000 for … Read more

International containerised cargo commerce in troubled waters as a result of Pink Sea affect

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International commerce, which is closely depending on container transport, is in troubled waters because of the fallout of the current assaults by Iranian-backed Houthi militants on ships passing by means of the Pink Sea/Gulf of Aden. The container ships are actually being diverted by way of the Cape of Good Hope on the southern tip … Read more